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India’s Forex Reserves Fall for Fourth Week to $734.6 Billion

By Uniquetimesorg October 7, 2026 0

India’s foreign exchange reserves fell for the fourth consecutive week to $734.6 billion, according to data cited by the Reserve Bank of India (RBI). The reserves are now around $50 billion below their recent peak of $785.71 billion recorded on September 4. The decline comes as the RBI has been selling dollars in the spot […]Continue Reading

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RBI Steps Up Rupee Support as Dollar Sales Reach at Least $8 Billion

By Uniquetimesorg September 8, 2026 0

India’s central bank, the Reserve Bank of India (RBI), significantly increased its foreign exchange intervention last week, selling an estimated $8 billion to $15 billion to support the rupee, according to six bankers. The intervention helped the currency strengthen to 94.2850 per dollar on September 3, its strongest level in more than two months. The […]Continue Reading

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Rupee Steady Despite Dollar Slide, Yuan Gains

By Uniquetimesorg February 10, 2026 0

The Indian rupee is expected to open in a narrow 90.72–90.76 range against the U.S. dollar on Tuesday, reflecting a muted response to the dollar’s weakness and yuan strength. On Monday, the rupee settled slightly lower at 90.7575, weighed down by corporate hedging and routine local flows, despite a struggling dollar. Traders expect the 90–91 […]Continue Reading

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Rupee Slips as RBI Intervenes to Check Pressure from Flows and Global Cues

By Uniquetimesorg January 30, 2026 0

The Indian rupee is likely to open weaker on Friday amid soft Asian market cues and persistent dollar demand, though traders say the Reserve Bank of India (RBI) continues to act as a crucial backstop. Forward market signals show the currency remains vulnerable to slipping past the 92-per-dollar mark, with opening levels seen around 91.90–91.96. […]Continue Reading